A Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators

A Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators

Imagine that..more austerity for you..lolA Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators [link to libertyblitzkrieg.com]

You might have to read this post twice to make sure your eyes didn’t deceive you. This article is actually completely different from my recent pieces on stealth inflation, but is even more infuriating. In this case, a grocery store called Fresh Markets decided to sell milk at a bargain basement price as part of a promotion, yet the state has deemed the price “too low.” As a result, the chain is being forced to raise the price. Yep, at a time when millions are struggling every day to make ends meet, this is what the state of Louisiana has decided it a priority that the cost of milk is higher for consumers in the state. This is exactly what happens when bureaucrats exert to much influence in our daily lives. From the Daily Caller:.................

Re: A Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators

This varies from state to state.

Loss leader sales are illegal in certain states. They can be circumvented with certain rebates and coupons depending on the law.

Below is wiki definition:"A loss leader, or simply a leader,[1] is a product sold at a low price, at or below its market cost[2] to stimulate other sales of more profitable goods or services. Using a loss leader, often a very popular good or service, is a type of sales promotion—a marketing strategy that focuses on pricing strategy. Sometimes "leader" is used as a related term and can mean any popular article, i.e., one sold at a normal price.[3]"

"In recent years, loss leader pricing has been practiced with considerable success, especially by large national discount retailers. The strategy is not without controversy, however. Indeed, many states have passed laws that severely limitr explicitly forbidelling products below cost. Lawsuits alleging that some loss leader pricing strategies amount to illegal business practices have increased in recent years, though the plaintiffs have not always been victorious. Opponents of loss leading pricing practices argue that the strategy is basically predatory in nature, designed to ultimately force competitors out of business."

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Re: A Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators

LOL I love how it's considered illegal to sell something below cost and the government does LITTLE TO NOTHING about price gouging!

I also like how the government thinks that they have the right to tell a business how they are to be run. If a business practice is unsound and unprofitable the company will go bankrupt. If it is sound, the company will make money and continue to exist. It's as simple as that!

Oh but wait, if you fuck up your business you can just ask the governemnt to bail you out right?! BUT only if you are "too big to fail".

LOL WTF kind of fucked up society are we living in? This shit is so fucked up sometimes I have a hard time beleiving it's actually real!

One day history is going to look back at us and wonder how we got it so fucking wrong.

Re: A Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators

The reason why the some states say it's illegal to sell things below cost or in this case 6% above invoice is because big companies can outprice the small mom and pop stores.

You get a big supermarket chain selling milk at a loss, brings in all the customers. A smaller chain, or a single store can't afford to do that without rolling the dice and having people just coming in buying milk and leaving.

It's to protect the smaller businesses.

Big business (walmart in particular) has turned the landscape around a bit. It's why we have antitrust and break up monopolies.

Re: A Louisiana Grocery Store is Forced to Raise Milk Prices by State Regulators

It's been this way as far back as I can remember, I'm not a big milk drinker so I haven't really looked into it. Cousin of mine had a family that consumed lots of milk. Back when gas was cheaper she would drive 15 miles to a gas station across the state line, buy a couple of gallons of milk for her family. It was well worth it- sometimes a difference of 2 over dollars per gallon.